Liabilities / Assets
10th percentile
Higher debt load relative to assets than 10% of similar nonprofits.
EIN 13-2548780 • 501(c)3 • New York, NY
Profile
To further, in the united states, an interest in the culture, language, literature, art, music, history and customs of spain and its heritage. (see schedule o)
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
10th percentile
Higher debt load relative to assets than 10% of similar nonprofits.
Liabilities / Revenue
20th percentile
Higher debt load relative to revenue than 20% of similar nonprofits.
Net Margin
65th percentile
Higher net margin than 65% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
46th percentile
Faster asset growth than 46% of similar nonprofits.
Revenue Growth
55th percentile
Faster revenue growth than 55% of similar nonprofits.
Assets
Up$27,903,377
Up $1,189,579 (+4.5%) from 2023
Liabilities
Up$120,345
Up $75,770 (+170%) from 2023
Net Assets
Up$27,783,032
Up $1,113,809 (+4.2%) from 2023
Revenue
Up$1,632,452
Up $137,224 (+9.2%) from 2023
Expenses
Up$1,446,649
Up $212,011 (+17%) from 2023
Net Income
Down$185,803
Down $74,787 (-29%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
To further, in the united states, an interest in the culture, language, literature, art, music, history and customs of spain and its heritage. (see schedule o)
To further an interest in the culture, language, literature, art, music, history and customs of spain
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $26,577,946 | $27,736,475 | ▲ $1,158,529 |
| Savings and Temporary Cash Investments | $22,786 | $67,927 | ▲ $45,141 |
| Cash and Non-Interest-Bearing Accounts | $63,775 | $33,750 | ▼ $30,025 |
| Accounts Receivable | $4,574 | $25,780 | ▲ $21,206 |
| Land, Buildings, and Equipment, Net | $20,000 | $20,000 | → $0 |
| Prepaid Expenses and Deferred Charges | $24,717 | $12,125 | ▼ $12,592 |
| Total Assets | $26,713,798 | $27,903,377 | ▲ $1,189,579 |
| Other Assets Total | $0 | $7,320 | ▲ $7,320 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $44,575 | $120,345 | ▲ $75,770 |
| Total Liabilities | $44,575 | $120,345 | ▲ $75,770 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $26,669,223 | $27,783,032 | ▲ $1,113,809 |
| Total Net Assets Fund Balance | $26,669,223 | $27,783,032 | ▲ $1,113,809 |
| Total Liabilities and Net Assets / Fund Balance | $26,713,798 | $27,903,377 | ▲ $1,189,579 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $20,000 | - | $20,000 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Maria Begonia Santos | President & CEO | FT | $192,600 | $91,091 | $283,691 |
| Peggy Holder-jones | Director Admin & Accounting | FT | $113,300 | $65,072 | $178,372 |
| Name | Title |
|---|---|
| Pilar Llado Arburua | Chair of the Board of Directors |
| Jose Pepe Fanjul | Vice-chair |
| Alicia Alcocer Koplowitz | Director |
| Antonio Garrigues Walker | Director |
| Begona De Ros Raventos | Director |
| Carmen Reviriego | Director |
| David Askren | Director |
| Dixie De Luca | Director |
| Dr Carlos Cordon-cardo | Director |
| Isabel Stude Lummis | Director |
| Maria Luisa Canovas | Director |
| Marisa Falco De Godo | Director |
| Nancy Kissinger | Director |
| Professor Richard Kagan | Director |
| Patrice Degnan Erquicia | Secretary |
| Joan Trant | Treasurer |
| Contribution Type | Contribution Count | Reported Amount |
|---|---|---|
| Other Non Cash Contri Table | 3 | $53,070 |
| Other Non Cash Contri Table | 1 | $37,700 |
| Other Non Cash Contri Table | 1 | $15,000 |
| Other Non Cash Contri Table | 1 | $10,000 |
| Other Non Cash Contri Table | 24 | $10,000 |
| Other Non Cash Contri Table | 300 | $6,000 |
| Other Non Cash Contri Table | 1 | $6,000 |
| Other Non Cash Contri Table | 1 | $4,800 |
| Other Non Cash Contri Table | 1 | $4,000 |
| Other Non Cash Contri Table | 330 | $3,452 |
| Other Non Cash Contri Table | 1 | $2,000 |
| Other Non Cash Contri Table | 25 | $1,775 |
| Other Non Cash Contri Table | 1 | $1,500 |
| Other Non Cash Contri Table | 18 | $1,256 |
| Other Non Cash Contri Table | 9 | $1,080 |
| Other Non Cash Contri Table | 2 | $1,000 |
| Other Non Cash Contri Table | 7 | $700 |
| Other Non Cash Contri Table | 120 | $600 |
| Other Non Cash Contri Table | 1 | $500 |
| Other Non Cash Contri Table | 1 | $406 |
| Other Non Cash Contri Table | 2 | $400 |
| Other Non Cash Contri Table | 10 | $275 |
| Other Non Cash Contri Table | 4 | $140 |
| Other Non Cash Contri Table | 4 | $100 |
| Total Noncash Contributions | 868 | $161,754 |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $754,072 |
| Other Expenses | $598,550 |
| Grants and Similar Amounts Paid | $94,027 |
| Total Fundraising Expense | $55,667 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | $256,103 | $17,482 | $20,506 | $294,091 |
| Other Salaries and Wages | $239,016 | $17,171 | $21,134 | $277,321 |
| Fees for Service Investment Mgmnt Fees | - | $130,986 | - | $130,986 |
| Other Employee Benefits | $105,891 | $5,852 | $5,266 | $117,009 |
| Foreign Grants | $74,027 | - | - | $74,027 |
| Occupancy | $46,509 | - | - | $46,509 |
| Fees for Services Accounting | $7,355 | $29,420 | - | $36,775 |
| Payroll Taxes | $32,835 | $1,814 | $1,633 | $36,282 |
| Pension Plan Contributions | $26,578 | $1,469 | $1,322 | $29,369 |
| Information Technology | $18,457 | - | - | $18,457 |
| Other Expenses | $6,465 | $6,464 | - | $12,929 |
| Interest | $12,228 | - | - | $12,228 |
| Office Expenses | $4,289 | $3,155 | $3,155 | $10,599 |
| Grants to Domestic Individuals | $10,000 | - | - | $10,000 |
| Grants to Domestic Orgs | $10,000 | - | - | $10,000 |
| Fees for Services Other | $3,740 | $5,612 | - | $9,352 |
| Insurance | $2,651 | $2,650 | $2,651 | $7,952 |
| Travel | $3,381 | - | - | $3,381 |
| All Other Expenses | $456 | - | - | $456 |
| Total Functional Expenses | $1,168,907 | $222,075 | $55,667 | $1,446,649 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $1,528,485 |
| Total Expenses per Form 990 | $1,446,649 |
| Expenses per Audited Statements | $1,315,663 |
| Expenses Not Reported on Form 990 | $212,822 |
| Expenses Not Reported on Financial Statements | $130,986 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| New York Foundation for the Arts | Brooklyn, NY | 501(c)(3) | Analogues Site Exhibition by Jorge Otero-pailos | $10,000 |
| Region | Activity | Services | Offices | Employees | Spending |
|---|---|---|---|---|---|
| Europe (including Iceland & Greenland) - Albania, Andorra, Austria, Belgium | Valencia Disaster Relief | - | 0 | 0 | $59,411 |
| Europe (including Iceland & Greenland) | Ny Staff Organized Events | - | 0 | 0 | $14,616 |
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $176,290 |
| Fundraising Gross Income | $45,425 |
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Sophia Awards Gala | $477,896 | $45,425 | $69,643 | $-24,218 |
| Total Events | $477,896 | $45,425 | $176,290 | $-130,865 |
“The 990 will be reviewed by members of the financial and investment committee.”
“Directors are given the conflict of interest policy to read and then the disclosure statement to fill out. There are no present board members that have a conflict of interest.”
“The executive committee and the board of directors recommend and approve compensation.”
“The institute's governing documents, conflict of interest policy, and financial statements are available to the public upon request.”
“The qssi is a nonprofit corporation founded in 1954 to stimulate american's interest in the art, culture, customs, language, literature and history of spain and the spanish-speaking world. The institute strives to promote, among the spanish-speaking peoples of the world, knowledge and understanding of ideals, culture and customs of the people of the united states, to the end that ties of friendship may be formed, mutual understanding promoted, and bonds of peace strengthened. The institute is committed to advancing mutual cultural appreciation and knowledge between the u.s. And spanish-speaking countries through different initiatives, including: - co-sponsoring lectures, exhibitions, and concerts. - hosting cultural events to bring together and promote awareness of hispanic and us intellectuals. - co-sponsoring educational partnerships and lectures with nyc public schools and universities. - organizing the sophia awards gala to honor distinguished persons or organizations that contribute to the international appreciation of spain, the u.s. And latin america. - honoring world-class spanish to english translator with the annual translation prize. The institute's funding comes from diverse sources including the board of directors; board of directors contacts; awardees, partners of the institute; contributions from donors and the general public.”
“Webpage: within the gli website and in partnership with the queen sofa spanish institute and the royal academy of history of spain, the gilder lehrman institute displays a free suite of resources to explore spain's strategic contributions to the american revolution through lesson plans, primary sources, videos, scholarly essays, and more. This was made possible through funding from iberdrola; fundacion ramon areces and fundacion consejo espana - ee. Uu.this is a continued collaboration efforts with the gilder lehrman institute of american history to develop and disseminate resources and materials on the contributions of spain to the u.s. History to benefit american and spanish school children and educators. All materials are posted on the qssi website for public access. This substantial and unique project will allow the qssi to reach the gli's network of 58,000 teachers and 3,000,000 students throughout 31,000 schools nationwide and world wide.”
“Annual translation prize: honoring the best english translation of a work written originally in the spanish language. With the aim of elevating awareness and engendering appreciation of spanish-language literature in the united states, this $10,000 prize was created by the cultural committee and board of directors of the queen sofia spanish institute to honor the best english-language translation of a literary work written in spanish. The reading committee for the queen sofia spanish institute translation prize consists of a minimum of three scholars with expertise in spanish and/or latin american literature, translation, culture, and/or language.”
“Analogues sites exhibition: the public sculpture exhibition analogue sites was by artist jorge otero-pailos who encompassed biosignature preservation on east 53rd street in front of the seagram building; analogue sites on east 66th street and byproduct material on east 67th street in front of the park avenue armory. The sculptures are in dialogue with an iconic mid-century modernist landmark and a 19th-century historical building. The exhibition, which ran from april 1 through october 31, 2024, was presented in partnership with nyc parks' art in the parks program and the sculpture committee of the fund for park avenue. It was a sponsored project of the new york foundation for the arts, with funding provided by the onera foundation, the queen sofa spanish institute, the aecid, the consulate general of spain in new york, the new york state council for the arts with the support of the office of the governor, the new york state legislature, and individual donors.”
“SPECIAL EVENT 104,315.”
“SPECIAL EVENT 104,315.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | PRESIDENT & CEO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | DIR. ADMIN & ACCOUNTING |
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| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | QSSI IN MADRID (PRIMERAS JORNADOS):TO ENSURE THAT SPAIN'S CONTRIBUTION TO THE INDEPENDENCE OF THE UNITED STATES IS DULY RECOGNIZED IN THE OFFICIAL CELEBRATIONS TO BE HELD IN THE UNITED STATES IN 2026, THE QUEEN SOFA SPANISH INSTITUTE, AS PART OF ITS "AMERICA&SPAIN250" INITIATIVE, AND THE RAMN ARECES FOUNDATION PRESENT THE FIRST CONFERENCE ON 250 YEARS OF RELATIONS BETWEEN SPAIN AND THE UNITED STATES OF AMERICA. SUNSET GALA AT THE ALHAMBRA: THE SUNSET GALA AT THE ALHAMBRA SUPPORTED RESEARCH ON ALZHEIMER'S AND OTHER NEURODEGENERATIVE DISEASES. THE QSSI AND ITS FRIENDS ARE PROUD SUPPORTERS OF THIS CAUSE. THE GALA TOOK PLACE AT THE PARADOR DE GRANADA, FOLLOWED BY A DANCE PERFORMANCE BY THE NATIONAL BALLET OF SPAIN AT THE IMPRESSIVE GENERALIFE THEATER OF THE ALHAMBRA PALACE IN GRANADA.(1) AMERICAN FOLK ART MUSEUM: A SPECIAL PRESENTATION FRANCESC TOSQUELLES: AVANT-GARDE PSYCHIATRY AND THE BIRTH OF ART BRUTTHIS SPECIAL EVENT PRESENTED AN EXCLUSIVE LOOK AT THE NEW EXHIBITION ABOUT THE SPANISH PSYCHIATRIST FRANCESC TOSQUELLES AND FEATURED A CONVERSATION ABOUT ADVANCES IN THE FIELD OF PSYCHIATRY AND MENTAL HEALTH FOLLOWED BY PRIVATE TOURS OF THE EXHIBITION. GUESTS JOINED THE QUEEN SOFA SPANISH INSTITUTE AND THE AMERICAN FOLK ART MUSEUM FOR AN AFTER-HOURS EVENT WITH UNIQUE PERSPECTIVES ON THE NEW EXHIBITION, PRIVATE TOURS, AND LIGHT REFRESHMENTS.(2) 15TH EDITION OF THE CONFERENCIA MBA ESPANA: THE QUEEN SOFA SPANISH INSTITUTE IS A PROUD SPONSOR OF THE CONFERENCE AND OPENING EVENT OF THE 15TH EDITION OF CONFERENCIA MBA ESPAA HELD THIS YEAR AT COLUMBIA UNIVERSITY. CONFERENCIA MBA ESPAA WAS A TWO-DAY EVENT OF LECTURES AND NETWORKING EVENTS WHERE SPANISH LEADERS IN BUSINESS SHARED THEIR EXPERIENCES AND PERSPECTIVES WITH MBA STUDENTS FROM TOP AMERICAN UNIVERSITIES.(3) (3) JUNIOR COMMITTEE EVENTS(4) (4) ANNIVERSARY VIDEO(5) (5) MECUSA: THE QUEEN SOFA SPANISH INSTITUTE IS A PROUD SPONSOR OF THE EXHIBITION AND OPENING OF ELLAS SON CIENCIA/ WOMEN ARE SCIENCE BY MECUSA & SPANISH ILLUSTRATOR QUAN ZHOU HELD AT NYU-KJCC.USA(6) (6) TALIA AWARD: "THE RED ROSE" BY PRTT WINS THE 2024 AWARD(7) QUIZSTORY PODCAST(8) GENERAL PROGRAM EXPENSES. |
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| IRS990ScheduleA/FactsAndCircumstancesTestTxt | 0 | THE QUEEN SOFIA SPANISH INSTITUTE, INC. (THE "INSTITUTE") QUALIFIES AS PUBLICLY SUPPORTED BECAUSE IT MEETS THE 10% PLUS FACTS-AND-CIRCUMSTANCES TEST UNDER TREAS REG. 1.170A-9(E)(3) IN THE FOLLOWING RESPECTS:10% OF SUPPORT LIMITATION - AT 28.73% INSTITUTE'S PUBLIC SUPPORT PERCENTAGE FOR 2024 EXCEEDED 10%.THE INSTITUTE IS A NONPROFIT CORPORATION FOUNDED IN 1954 TO STIMULATE AMERICANS' INTEREST IN THE ART, CULTURE, CUSTOMS, LANGUAGE, LITERATURE AND HISTORY OF THE SPANISH SPEAKING WORLD. THE INSTITUTE STRIVES TO PROMOTE, AMONG THE SPANISH-SPEAKING PEOPLES OF THE WORLD, KNOWLEDGE AND UNDERSTANDING OF IDEALS, CULTURE AND CUSTOMS OF THE PEOPLE OF THE UNITED STATES, TO THE END THAT TIES OF FRIENDSHIP MAY BE FORMED, MUTUAL UNDERSTANDING PROMOTED, AND BONDS OF PEACE STRENGTHENED.THE INSTITUTE IS COMMITTED TO ADVANCING MUTUAL CULTURAL APPRECIATION AND KNOWLEDGE BETWEEN THE U.S. AND SPANISH-SPEAKING COUNTRIES THROUGH DIFFERENT INITIATIVES, INCLUDING: CO-SPONSORING LECTURES, EXHIBITIONS, AND CONCERTS. HOSTING CULTURAL EVENTS TO BRING TOGETHER AND PROMOTE AWARENESS OF HISPANIC AND US INTELLECTUALS. CO-SPONSORING EDUCATIONAL PARTNERSHIPS AND LECTURES WITH NYC PUBLIC SCHOOLS AND UNIVERSITIES. ORGANIZING THE SOPHIA AWARDS GALA TO HONOR DISTINGUISHED PERSONS OR ORGANIZATIONS THAT CONTRIBUTE TO THE INTERNATIONAL APPRECIATION OF SPAIN, THE U.S. AND LATIN AMERICA. HONORING WORLD-CLASS SPANISH TO ENGLISH TRANSLATORS WITH THE ANNUAL TRANSLATION PRIZE.THE INSTITUTE'S FUNDING COMES FROM DIVERSE SOURCES INCLUDING THE BOARD OF DIRECTORS; BOARD OF DIRECTOR CONTACTS; AWARDEES; PARTNERS OF THE INSTITUTE; CONTRIBUTIONS FROM DONORS AND THE GENERAL PUBLIC. THE INSTITUTE'S ACTIVITIES ARE GOVERNED BY A BOARD OF DIRECTORS REFLECTING A BROAD RANGE OF INDIVIDUALS WITH SPECIAL BACKGROUNDS AND EXPERTISE IN MANAGING AND OPERATING NONPROFIT ORGANIZATIONS. THE INSTITUTE'S BOARD IS ACTIVELY INVOLVED IN SOLICITING NEW AND DIVERSE SOURCES OF FUNDING TO SUPPORT THE INSTITUTE'S PURPOSE.THE INSTITUTE'S STAFF AND VOLUNTEER BOARD ARE COMMITTED TO EXPANDING PUBLIC OUTREACH THROUGH PROGRAMS AND ACTIVITIES ALIGNED WITH ITS MISSION, AND TO STIMULATING ADDITIONAL PUBLIC SUPPORT FROM EXISTING AND NEW DONORS. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | OTHER - TRANSLATION/TRANSCRIPTION - |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: |
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| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 301641 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 119527 |
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| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 784923 |
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| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 301641 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 119527 |
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